December 24, 2014
Weil advised Providence Equity Partners in its acquisition of a majority stake in VectorLearning, parent of RedVector.com, LLC, a provider of online continuing education and corporate training solutions for the architecture, engineering, and construction industries.
VectorLearning, located in Tampa, FL, is the parent company of RedVector and Target Solutions and delivers online continuing education to a broad range of industries, including architecture, engineering and construction. The company’s online library exceeds 4,000 courses on more than 200 subject matters, reaching more than 400,000 professionals in all 50 states and Canada.
The Weil team representing Providence Equity Partners on the transaction was led by Corporate partner Kevin J. Sullivan and counsel Ramona Nee. In addition, the team included Banking & Finance partner Andrew Yoon; Tax partner Marc Silberberg; Executive Compensation & Employee Benefits partner Michael Nissan; Corporate counsel John O’Loughlin; Antitrust/Competition counsel Vadim Brusser; Corporate associates Mariel Dator, Jacqueline Shalling Smith and Evan Miller; Banking & Finance associate Clinton Hutchings; Technology & IP Transactions associate Dennis Adams; Antitrust/Competition associate Alexis Brown-Reilly; Tax associates Mark Dundon and Tristan Evans-Wilent; and Executive Compensation & Benefits associate Verity Rees.